1. Proli located in Vidalia, GA, uses FOB destination as part of its shipping terms. During the December 31, 2019 year-end audit, you noted that a shipment to Miracle Heel located in Hong Kong made on 12/31/19 was reported as income in 2019.

You obtained the following information about this transaction:

Accounts Delivery Product

Receivable Expense Sales Cost

16,120 330 16,450 11,130

Required: Was the accounting for this transaction appropriate at 12/31/19? If not, propose the entry(ies) necessary for Proli to correct reflect the transaction in its books.